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Latin America’s GDP growth slowdown deepened and is expected to be negative in 2015. For a second consecutive year, Latin America falls behind the average growth of OECD countries after a full decade of convergence with advanced economies, according to the Latin American Economic Outlook 2016.

Growing innovation capacity among emerging markets and increasing investment flows between them are creating new, reciprocal opportunities through the deployment of technological innovations and knowledge transfer. The case of Brazil and China is particularly relevant in this context. Between 2005 and 2012, the Brazilian energy sector absorbed USD 18.3 billion worth of investments from China. Sino-Brazilian trade and political relations have intensified over the past decade.

This report focuses on three main questions: What are the drivers behind Chinese investment in the Brazilian energy sector? What potential exists for inter-firm technology transfer between the Chinese and Brazilian companies involved? Do government-sponsored activities and academic exchanges complement inter-firm technology transfer? The analysis highlights the potential of energy technology co-operation between Brazil and China, the deployment of innovations in third countries and, more generally, the intensification of global co-operation in

Chinese NOCs first ventured overseas to invest in oil and gas production more than 20 years ago. Today, they have emerged to become international players with activities spreading across more than 40 countries and producing 2.5 million barrels of oil equivalent per day (mboe/d) of oil and gas outside of China. Chinese companies have contributed much-needed investments in global oil and gas production.

This report provides an update on overseas activity by China’s National Oil Companies (NOCs) between 2011 and 2013 and is a follow-up publication of IEA’s previous report in 2011, Overseas Investments by Chinese National Oil Companies: Assessing the Drivers and Impacts. It aims to examine the trends exhibited by investments made by Chinese NOCs and the risks and challenges they face today and raised the question if China’s long standing non-interference foreign policy could still be valid given China’s worldwide commercial interests, including those of the NOCs’.

China will play a positive role in the global development of gas, the International Energy Agency’s (IEA) Executive Director, Maria Van der Hoeven has said in Beijing on 11 September, 2012 when launching a new IEA report: Gas Pricing and Regulation, China’s challenges and IEA experiences.

In line with its aim to meet growing energy demand while shifting away from coal, China has set an ambitious goal of doubling its use of natural gas from 2011 levels by 2015. Prospects are good for significant new supplies – both domestic and imported, conventional and unconventional – to come online in the medium-term, but notable challenges remain, particularly concerning gas pricing and the institutional and regulatory landscape.

While China’s circumstances are, in many respects unique, some current issues are similar to those a number of IEA countries have faced. This report highlights some key challenges China faces in its transition to greater reliance on natural gas, then explores in detail relevant experiences from IEA countries, particularly in the United Kingdom, the Netherlands, and the United States as well as the European Union (EU). Preliminary suggestions about how lessons learned in other countries could be applied to China’s situation are offered as well.

The aim of this report is to provide stakeholders in China with a useful reference as they consider decisions about the evolution of the gas sector in their country.

The report is funded by the UK Strategic Programme Fund programme , and the EU delegation in Beijing and the World Bank have provided in-kind contributions. The project is supported by the Chinese government and co-implemented by China 5E.

Coal is the principal fuel for the generation of electrical power globally. It is the leading source of power generation in OECD countries and the dominant fuel source behind economic growth in non-OECD countries. However, while providing over 40% of the world’s electricity, it is responsible for more than 70% of the CO2 arising from electricity generation.

The IEA carried out a project to examine the potential to improve the performance of existing coal-fired plants. Two power units in China were selected to showcase measures that would improve their net efficiency. The results built on the efficiency gains made under China’s national energy efficiency improvement programme and demonstrated the enormous potential to improve performance, with each percentage point increase capable of reducing CO2 emissions by many millions of tonnes over a unit’s operational lifetime. Experiences learned in China can be applied to improving coal-fired power plant efficiency worldwide.

H.E. Li Keqiang, Premier of the State Council of the People’s Republic of China, paid a historic visit to the OECD to deliver a keynote address and sign cooperation agreements to bolster ongoing collaboration.

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In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.

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China is joining a group of 48 OECD and non-OECD countries that are members of the OECD Development Centre. The Centre helps decision makers find policy solutions to stimulate growth and improve living conditions in developing and emerging economies. China is also an OECD Key Partner, like Brazil, India, Indonesia, and South Africa, which are already members of the OECD Development Centre.